Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Federal Judge Finds Pentagon in Violation of Court Order to Restore Reporters' Access
Judge Paul Friedman ruled the Defense Department violated his March 20 order, saying the Pentagon's revised policy unlawfully restricts journalist access.
Prediction Markets Under Scrutiny as Traders Bet on Iran Ceasefire, Insider Trading Concerns Grow
Polymarket traders profited hundreds of thousands from ceasefire bets as lawmakers push for investigations into suspicious activity.
One Year Into Trump's Tariff Strategy: Economic Impact and Debate Over Who Bears the Cost
Effective tariff rates rose from 2.2% to roughly 13% by year-end, with debates intensifying over whether American consumers or foreign exporters are footing the bill.
Prediction Markets See Surge in Trades Related to U.S.-Israel Conflict With Iran
Traders made hundreds of thousands of dollars on ceasefire bets as lawmakers call for investigations into potential insider trading.
Iran's Toll Proposal for Strait of Hormuz Violates Trade Norms, Analysts Say
Iran demands right to collect fees in strategic waterway as precondition for reopening passage vital to 20% of world oil supply.
White House Budget Would Cut 8,385 TSA Positions Under Privatization Plan
The $11.7 billion FY2027 budget request cuts 2,462 Transportation Security Officer positions while proposing $477 million increase for private screening contracts.
Democrat Lawmakers Call US Fuel Blockade on Cuba 'Economic Bombing' After Delegation Visit
Progressive lawmakers describe humanitarian crisis on island linked to U.S. embargo, while Trump administration has escalated pressure calling Cuba a 'failed nation'
NASA Administrator Defends Trump’s Proposed Budget Cuts
The $18.8 billion proposal represents a $5.6 billion reduction from 2026 levels, cutting science programs and HBCU initiatives.
Federal Government Rushing Toward AI Adoption Amid Cost and Oversight Concerns
ProPublica investigation finds agencies face hidden costs, while the program designed to vet cloud security operates with minimal staff.
America Is Heading for a Recession — and It May Be the Worst Yet
Economic analysts warn that structural challenges including AI displacement and middle-class fragility could amplify the impact of any downturn